IFC to work with Vietnam's SCIC on divestments, co-financing
The International Finance Corporation (IFC), the investment arm of the World Bank, will partner with Vietnam's State Capital Investment Corporation (SCIC) to help execute its divestment plan and explore co-financing opportunities.
SCIC, founded in 2006, buys stakes in Vietnamese companies primarily for the purpose of acting as the government's representative in decision-making, along with supporting key industries in Vietnam's economy....
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